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Company: BHP is a big steel company in Australia

1. An analysis of a recent event that has (or is likely to have) substantial impacts on your industry. The analysis may include: *A brief description about that event. *How has that event affected (or is likely to affect) the market demand and/or supply? *What is the likely effect of that event on the market price and quantity? Note that relevant empirical evidence can be researched and provided to support your arguments.

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